Southstone Minerals (TSXV:SML) Days Payable: 44.16 (As of Feb. 2026) — 24% Below Median


What is Southstone Minerals Days Payable?

Southstone Minerals TSXV:SML Days Payable is 44.16 as of Feb. 2026, which is 24% below its 10-year median of 58.08. The stock has 4 warning signs investors should review.

Southstone Minerals's average Accounts Payable for the three months ended in Feb. 2026 was C$2.16 Mil. Southstone Minerals's Cost of Goods Sold for the three months ended in Feb. 2026 was C$4.46 Mil. Hence, Southstone Minerals's Days Payable for the three months ended in Feb. 2026 was 44.16.

The historical rank and industry rank for Southstone Minerals's Days Payable or its related term are showing as below:

TSXV:SML' s Days Payable Range Over the Past 10 Years
Min: 27.37   Med: 58.08   Max: 62506.25
Current: 40.95

During the past 13 years, Southstone Minerals's highest Days Payable was 62506.25. The lowest was 27.37. And the median was 58.08.

TSXV:SML's Days Payable is not ranked
in the Metals & Mining industry.
Industry Median: 126.885 vs TSXV:SML: 40.95

Southstone Minerals's Days Payable declined from Feb. 2025 (151.10) to Feb. 2026 (44.16). It may suggest that Southstone Minerals accelerated paying its suppliers.

Southstone Minerals Days Payable Historical Data

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The historical data trend for Southstone Minerals's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Southstone Minerals Days Payable Chart

Southstone Minerals Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.87 166.12 58.08 27.37 32.68

Southstone Minerals Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 151.10 28.68 23.68 22.61 44.16

Southstone Minerals Days Payable Competitor Comparison

For the Other Precious Metals & Mining subindustry, Southstone Minerals's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Southstone Minerals Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Southstone Minerals's Days Payable distribution charts can be found below:

* The bar in red indicates where Southstone Minerals's Days Payable falls into.


Southstone Minerals Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Southstone Minerals's Days Payable for the fiscal year that ended in Aug. 2025 is calculated as

Days Payable (A: Aug. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2024 ) + Accounts Payable (A: Aug. 2025 )) / count ) / Cost of Goods Sold (A: Aug. 2025 )*Days in Period
=( (0.168 + 0.383) / 2 ) / 3.077*365
=0.2755 / 3.077*365
=32.68

Southstone Minerals's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (0.736 + 3.585) / 2 ) / 4.464*365 / 4
=2.1605 / 4.464*365 / 4
=44.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 44.16 mean?
Southstone Minerals (TSXV:SML) has a Days Payable of 44.16 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Southstone Minerals and its competitors. This is 24% below median its historical median of 58.08. Over the past decade, Southstone Minerals' Days Payable has ranged from 27.37 to 62,506.25.
Is Southstone Minerals' Days Payable too high?
Southstone Minerals' current Days Payable of 44.16 is 24% below median its 10-year median of 58.08. Over the past 10 years, this metric has ranged from a low of 27.37 to a high of 62,506.25. The Metals & Mining industry median Days Payable is 126.89. Southstone Minerals' value of 44.16 is 65.2% below this industry median.
How does Southstone Minerals' Days Payable compare to competitors?
Southstone Minerals' Days Payable of 44.16 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 126.89. Southstone Minerals' value of 44.16 is 65.2% below this benchmark. Historically, Southstone Minerals' own Days Payable has ranged from 27.37 to 62,506.25 over the past decade. While the company's 10-year median is 58.08 vs. the industry median of 126.89, Southstone Minerals has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 126.89, based on 1,064 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Southstone Minerals's current Days Payable of 44.16 is 65.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Southstone Minerals and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southstone Minerals's current Days Payable is 44.16, which is 24% below median its own 10-year median of 58.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southstone Minerals stock overvalued right now?
Southstone Minerals (TSXV:SML) has a current Days Payable of 44.16. The current Days Payable is 44.16, which is 24% below median its 10-year median of 58.08 and 65.2% below the Metals & Mining industry median of 126.89. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Southstone Minerals (TSXV:SML), the current Days Payable is 44.16 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Southstone Minerals Business Description

Address 2751 Graham Street, Victoria, BC, CAN, V8T 3Z1
Southstone Minerals Ltd is a Canadian junior mining company engaged in the acquisition, exploration, evaluation, development, and mining of mineral properties. It holds the majority interest in the Oena Diamond Mine, an alluvial diamond property located in the Northern Cape Province, South Africa, that produces diamonds of varying sizes and characteristics, including occasional larger stones. The company generates revenue from the sale of diamonds.